Real Estate

office space rental

The issue of adequate space is affecting everyone globally. Therefore, people look for different methods to deal with this difficulty of managing space. The concept of shared space is a positive step in this direction. Today, people who have some sort of extra unused space rent it out to people looking for space.

One of the hottest trends in shared space emerging globally is shared office space. Statistics show that a large percentage of the space is not used in many offices. The reasons for this could be: one could be downsizing or closing his business or any other reason, the entrepreneur could have excess space in his office.

The acquisition of office space on a rental basis has been a great relief for small businesses. They can save time, effort and money by renting offices. There are several ways a businessman can rent office space. Is it so:

Serviced Offices: By renting this type of office, the entrepreneur can rent a room or an entire floor. These offices come with furniture and other facilities like copiers, fax machines, telephones, etc. The entrepreneur also does not have to worry about maintenance. Conference/meeting rooms are also provided. Some serviced offices also offer trained staff.

Share desktop spaceNote: Some businesses may not require a full office; space owners allow them the flexibility to share a desk or additional office space. They can use the various office facilities. Some even provide computers to tenants.

coworking offices: This is a concept of sharing office space by independent firms. In a co-working arrangement, the people who work in the office do not work for the same organization.

Virtual office: They are offices where co-workers are in contact with each other in cyberspace. Renting space for this type of business involves providing a business address and official phone number and a secretary to receive calls.

Therefore, a start-up company can choose any of the above options that meet their requirements. Any of these types of office space gives you the opportunity to start your business with a small investment. They can also gauge the market response to their products or services before thinking about expanding. It also gives them the opportunity to relocate, expand or downsize at a later stage. With so many options available, renting office space seems like an optimal solution for small businesses.

Leave a Reply

Your email address will not be published. Required fields are marked *